US EditionTariff deal talks to dominate IMF-World Bank meetings this week
- The Spring Meetings of the International Monetary Fund and the World Bank will occur in Washington amid uncertainties over global trade due to the Donald Trump administration’s trade policies.
- Donald Trump announced a 134 percent tax on Chinese imports, and China retaliated with a 125 percent levy on U.S. Goods, escalating the tariff war.
- The IMF's managing director, Kristalina Georgieva, warned that the trade tariff policy poses 'a significant risk to the global outlook.'
- A former Nigerian finance minister, Ngozi Okonjo-Iweala, cautioned that U.S. tariffs could lead to a 1 percent contraction in global merchandise trade volumes this year.
19 Articles
19 Articles
5.1 million additional jobs in Philippines doable by 2040—World Bank
The World Bank believes that an additional 5.1 million jobs can be created in the Philippines during the next 15 years if the country fast-tracks reforms conducive to labor market growth and enhancement.In an April 18 brief, the Washington-based multilateral lender said that an upcoming Country Growth and Jobs Report (CGJR) on the Philippines analyzed existing barriers to faster creation of better-quality jobs in the country.According to the Wor…
Tariffs, growth, the Fed and the dollar
This week the annual spring meetings of the International Monetary Fund (IMF) and the World Bank (WB) will be held in Washington, DC. While these meetings and the events that arise from them are always relevant, I believe that on this occasion they will be more relevant, so the economy is experiencing at a global level. The three major issues will be the meaning and consequences of: (1) The US President's tariff policy; (2) the attack against th…
Sydney Morning Herald
Trump’s trade war could blow up the IMF and World Bank
Meetings of two of the world’s key multilateral organisations in Washington this week will be overshadowed by the prospect that the US will withdraw from the institutions it helped create.
World Bank, IMF meetings hold amid uncertainty over multilateralism, US-China tariff war
PREMIUM TIMES’ Business Editor, Oladeinde Olawoyin, is in the United States’ capital to report details of these developments and many more. The post World Bank, IMF meetings hold amid uncertainty over multilateralism, US-China tariff war appeared first on Premium Times Nigeria.
Tariffs to dominate World Bank and IMF spring meetings
The NewsThe World Bank and International Monetary Fund open their spring meetings this week amid plummeting global business and economic confidence as a result of US President Donald Trump’s trade war. The annual talks in Washington will focus on the fallout from the hike in American tariffs, with officials, analysts, and everyday voters worrying that they are likely to hammer US — and international — economic prospects: A twice-yearly Brookings…
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